EURUSD only

Quoting irontrade58

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In my system in daily timeframe there's an uptrend confirmed in 8 August, then it was a strong push up with CPI news last week. The drop in Friday is the correction of this D1 uptrend. In my view, the way for this pair to move up easier than the way down since there's a strong support area around 1.02xx. Anyway, as long as it moves, we can go with it but the way to go down seems harder that will take several days or a week to break through the support area completely to return to its previous downtrend.

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Quoting Js3mwtRc

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Good day. EU is consolidating its Friday fall, limited by 1.0269 at Asia and bank holidays at Europe. Volatility is 55 pips. {image} Calendar with the next releases. {image}

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Quoting Austyno

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1.02100 is still on the cards. Patience my fellow sellers.

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Quoting Js3mwtRc

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{quote} 1.0256 is the new decision point now that EU touched 1.0241 Asian low. We may see a bounce from around here also!

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Quoting irontrade58

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{quote} 4 hours ago I skipped a M15 sell signal in my trading system at 1.0260. I hope I will not have to regret this decision.

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Quoting Konichiwhaat

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{quote} Never skip a "signal" in your trading system if you have truly tested it. You will loose your mind in this game other wise.

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Quoting Js3mwtRc

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{quote} Droped from 1.0248 (decision point) to 1.0233. Overall its image is consolidation, but doesn't look good.

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Quoting irontrade58

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{quote} Yes, I am a new one in this industry and still learning everything especially on psychology aspect. Now I am looking for a second chance of this signal. In next 1 hour, we can short at 1.0260 if price reaches to this, targeting 30-40 pips return.

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Quoting Geriliel

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{quote} Choppy market , I am waiting for strong trend.

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Quoting cchin

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Preparing for Monday's European session. Entered a few long trades last week. Price action did not recover so I left them over the weekend. My EURUSD trade (from Friday) is currently in -200 pips drawdown. I'm not concern because I spreaded them out when I added those trades. Looking for a bounce at the 1.023 level (200-period SMA). If that fails, which is possible, then I'm adding another trade at the 1.021 level (38.2% Fib retrace). Another line I was looking at is the descending support (dotted, diagonal), drawn from Feb 10's and Mar 31's Daily...

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Quoting Ata-Turkoglu

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Siesta time for France and Italy causes lower liquidity.. I expect bears to show a little more power once US session starts.. Until then Zzzzzzzzzzz...

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Quoting Js3mwtRc

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{quote} 1.0256 is the new decision point now that EU touched 1.0241 Asian low. We may see a bounce from around here also!

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Quoting Ata-Turkoglu

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Siesta time for France and Italy causes lower liquidity.. I expect bears to show a little more power once US session starts.. Until then Zzzzzzzzzzz...

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Quoting Js3mwtRc

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{quote} We could be lower to 1.0200 by now. The bears have managed to keep the trend down, that is surprising good for them

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Quoting Ata-Turkoglu

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{quote} For today and even Tuesday and Wednesday, 1.0222 is the most important level... (It is my balance level, which means: I will slowly look for buy opportunities once price goes below it!)... So be careful with shorts the more and more price drops below this level.. Rubber band effect! Buy pressure will rise the more price drops! Best wishes

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